Posted
by
Soulskill
on Saturday January 08, 2011 @08:55PM
from the all-that-hockey-streaming-gets-expensive dept.

An anonymous reader writes "According to CBC News, 'Surfing and downloading from the internet is about to get more expensive for many Canadians as internet companies Shaw and Primus have announced plans to impose new fees and caps on internet usage. Over the past year, the CRTC, Canada's communication regulator, let Bell and Rogers start charging extra for customers who download a lot of data. ... Primus and Shaw have said they will begin passing on higher fees to their customers beginning Feb. 1. Primus, for example, rents bandwidth on Bell's networks and said Bell is inflating the costs for everyone, including them. 'It's an economic disincentive for internet use,' said Matt Stein, vice-president of network services for Primus. 'It's not meant to recover costs. In fact these charges that Bell has levied are many, many, many times what it costs to actually deliver it.'"

But that's only part of the picture. Don't forget that as these companies prosper, the wealth will surely trickle down and benefit everyone. We can attribute the current strong economies and low unemployment rates, especially in the US, directly to the benefits of trickle-down economics.

Sounds like you don't understand economics and the current economic situation!

It is big Government that has put us in to high unemployment rates and debt, not capitalism or the idea of trickle down.

Example of trickle down economics.

Joe the plumber is getting more calls then he can handle, so he hires a employee.

What is the effect of that?

1. One less person unemployed.2. Joe needs to buy a truck for him, add's to car/truck sales.3. Joe must by tools, the tool makers sell their product.4. Joe's new employee is now able to pay taxes, buy food, pay rent, etc.5. Joe makes more money.

The same goes of a large Company, as they grow. They hire more people who in turn spend their money on things.

Like calling Joe the plumber to update their bath room or kitchen, buying a new car, etc.